Friday, July 31, 2015

Consequent to 3 percent increase in AICPIN(IW) figure of June 2015, D.A. payable for central employees and pensioners from 1st July 2015 finally calculate @119%.As informed earlier in this blog, Central Govt. will declare another installment of D.A. with effect from 1st July 2015 @6%.

All India Consumer Price Index Numbers (AICPIN)for Industrial workers(IW) Base 2001=100 for the month of JUNE’15 which stood at 261 points with an increase of 3 points while compared to MAY’15 figure.

Consequent upon the merger of CPI at 4440 points with Basic Pay under10th BPS/7thJN, serving employees new DA formula came into effect from 1.11.2012.( with DA factor @0.10 for every rise/fall of 4 points on CPI (IW) Base 1960=100)

As such the confirmed All India average CPIN for the quarter ended June’15 are as follows:

Base 2001=1001960=100

April 256 5843.43

May 258 5889.08

JUNE 261 5957.66

Average CPI 5896

Accordingly there will be 27 slabs increase in DA payable to workmen/Officers for the next quarter ie. Aug,Sept & Oct ’15 with 364 slabs at 36.40 % DA rate.

31 SLABS INCREASE IN DA FOR BANK PENSIONERS W.E.F NEXT HALF YEAR - AUG'15 TO JAN'16.

For official confirmation kindly wait for IBA circular which may be released shortly.

Labour Bureau,Ministry of Labour and Employment,Govt of India,has released today, the All India Consumer Price Index Numbers (AICPIN)for Industrial workers(IW) Base 2001=100 for the month of JUNE’15 which stood at 261 points with an increase of 3 points while compared to MAY’15 figure.

Thursday, July 30, 2015

"............Accordingly, in compliance with the above judicial pronouncements, it has been
decided that the pension/family pension of all pre-2006 pensioners/family pensioners may be
revised in accordance with this Department's OM No.38/37/08-P&PW(A) dated 28.1.2013
with effect from 1.1.2006 instead of 24.9.2012. ....."Click here for the order dated 30.07.2015Click here for OM No 38/37/08-P&PW(A) dated 28.1.2013 and the revised pension table.

Wednesday, July 29, 2015

IBA clarification on Paternity Leave, LFC, Special Allowance to Ex-Servicemen, Stagnation Increment etc."1.PaternityLeave of 15 days can be availed by the employees within 6 monthseven if the date of delivery of the child was before 1-6-2015.

2. No leave is required to be taken for the purpose of encashment on LFC.

3. For Re-fixation of Pay for Ex-servicemen employees joined/joining the Banks on and from 1-11-2012, Special Allowance of 7.75% + DA will not be reckoned/included.

4. Special Allowance of 7.75 % + DA thereon will be included for encashment of PL on LFC/retirement.

5. Benefit of advancement of stagnation increment by one or two years for those who passed JAIIB/CAIIB/Graduation after reaching 19th/20th Stage shall be effective from 1st November, 2012."

This was the synopsis of AIBEA Circular dated 27.07.15 consequent to IBA's circular dated 25.07.15

Following report is the view of a credit company, published in NDTV.The 7th Pay Commission is likely to raise the salaries of government employees by up to 40 per cent, said Neelkanth Mishra, India equity strategist of Credit Suisse. The Pay Commission will submit its recommendations in October and it will be implemented by next year.

"As the Pay Commission numbers come through there could be a 30-40 per cent increase for each individual. It won't be as big as last time because it was driven by a lot of arrears but definitely a large number of government employees will come into the pay bracket which can afford to have, for example, four-wheelers," he said in an interview with NDTV. (Watch the full interview)

Tuesday, July 28, 2015

In view of the admiration for the former president among the people, the Centre has decided to make it a 7-day mourning that is reserved only in the event of the death of a sitting president.

The government has cleared that the schools and offices will remain open but some state governments have declared a holiday such as Karnataka, where Dr Kalam was a resident throughout his career as a DRDO scientist and holds special image among the science fraternity.

Govt. of Meghalaya has declared a holiday on Tuesday as a mark of respect for the departed former President Dr A.P.J. Abdul Kalam.The Telangana government declares holiday on account of APJ Abdul Kalam's Death Holiday has been declared in all schools and colleges in Tamil Nadu and Puducherry today.

The government of India announces with profound sorrow the death of Dr. APJ Abdul Kalam, Former President of India at Bethany Hospital, Shillong at 1945 hours, yesterday.

As a mark of respect to the departed dignitary, seven days state mourning will be observed throughout India from July 27, 2015 to August 2, 2015, both days inclusive. During the period of state mourning, the national flag will fly at half mast on all buildings throughout India where it is flown regularly and there will be no official entertainment.

Friday, July 24, 2015

As per the new provision, a women employee can avail a maximum period of 730 days of child care leave during her entire service.

In a major welfare measure for women employees in Jammu and Kashmir, the State government on Thursday approved a two-year childcare leave for them.

A women employee could take up to 730 days of childcare leave during her entire service for taking care of her two eldest children, an official spokesman said.

He said the leave could be taken to look after children during illness or for their education or similar requirements.

The spokesman said that after approval by Chief Minister Mufti Mohammad Sayeed, the Finance Department had issued the notification to this effect. During the leave, the employee shall be paid leave salary equal to pay drawn immediately before proceeding on leave.

The childcare leave could be combined with any other leave, the spokesman said.

Thursday, July 23, 2015

The Centre today(22/07) ruled out one rank, one pension for personnel of the seven paramilitary forces.Junior home minister Kiren Rijiju told Parliament today that there was no proposal under consideration to implement the scheme for the seven forces - the CRPF, BSF, CISF, ITBP, SSB, Assam Rifles and the NSG."There is no proposal under consideration of the ministry on the issue," Rijiju said in a written reply in the Rajya Sabha.

The minister, however, pointed out that the proposals regarding granting of paramilitary service pay and enhancement of casual leave on a par with the army had been received by the government."The same have been referred to the 7th Central Pay Commission for consideration," he said.

Wednesday, July 22, 2015

"The matter regarding extension of benefit of the Child Care Leave for a maximum
period of 2 (two) years i.e. 730 days to the regular female teaching and non-teaching
employees of Government sponsoredINon-Govt. aided Schools, Boards, District Primary
School Councils, School Service Commission as well as to the regular female employees of
Panchayat Raj and other Local Bodies, Undertakings, Corporations, Statutory Bodies was
under active consideration of the State Government. Now after careful consideration, the Governor is hereby pleased to decide to extend
the said benefit to the regular female employees of the educational institutions,
establishments, organizations, entities etc. as mentioned above subject to the following
conditions -

Tuesday, July 21, 2015

The principle of One Rank One Pension for the Armed Forces has been accepted by the Government. The modalities for implementation were discussed with various stakeholders and are presently under consideration of the Government. It will be implemented once the modalities are approved by the Government.

This information was given by Minister of State for Defence Rao Inderjit Singh in a written reply to Shri Neeraj Shekhar and others in Rajya Sabha today. Source : PIB

Sunday, July 19, 2015

Recently we came to know from Railway Employees Union sources that seventh cpc, which is likely to submit it's report in the next month is going to recommend uniform multiplication factor as 2.86. Further the source also said that the present Grade Pay system is going to be abolished. Minimum pay is likely to be Rs 21000 against the union's proposal of Rs 26000.Another source described that pay commission is going to suggest early retirement. 33 years of service or attaining 60 years of age, whichever is earlier, will be the exit time.It is also reported that HRA pattern and percentage is likely to remain unchanged.We do not expect our viewers to accept these information as authentic as none of the news mentioned above has any strong base. Still it is published here as each and every central employees and pensioners are being restless after waiting for more that one and half years and looking for any news (whether authentic or not !).

Friday, July 17, 2015

State Bank of India (SBI) today said it plans to offer up to 3 per cent of annual profit to employees as part a talent retention and motivation initiative.

The bank has sought permission from the Finance Ministry in this regard, SBI Chairperson Arundhati Bhattacharya told PTI.

"...if you consider the fact that incentivisation is a good way of ensuring people meet up to whatever are the challenges...they respond to them. So to that extent government allows us to share one per cent. We are saying that it is necessary for us to hike that amount to 3 per cent," she said.

Thursday, July 16, 2015

Bengal Chief Minister Ms Mamata Banerjee yesterday announced that that like the women employees of the state government, women teachers would also get the privilege of Child Care Leave of 731 days.Update : Click here for the order

Wednesday, July 15, 2015

The Tripura government today announced a five percent hike in the dearness allowance (DA) for its employees and pensioners, state Finance Minister Bhanu lal Saha said.

"This decision was taken in the meeting of the council of ministers chaired by Chief minister Manik Sarkar today. We are facing a financial crunch, despite that we released the DA in view of price hike," the minister told reporters here.

He said that over 2,09,000 government employees and pensioners would get the benefit and the state government would have to spend an additional Rs 162.5 crore from the exchequer.

Tripura government employees and pensioners would now get 74 per cent DA, while central government employees were getting allowances at 113 per cent, Saha added.

Tuesday, July 14, 2015

E filing is more convenient now. No more signing of ITR V or sending to Bengaluru. Department, as committed earlier developed a unique electronic verification process. Except the corporate assessees, everybody can make use of it. Those who have taxable income Rs 5 Lac and below and no refund claim, can generate the verification code instantly through efiling website of the department. https://incometaxindiaefiling.gov.in/But other assessees (Income above Rs 5Lac or with refund claim) can also generate the verification code either through net banking facility or through AAdhar authenticating system.The Electronic Verification Code is a ten digit alpha numeric code.The old system of sending ITR V will also exist as before.Click here for PIB Press ReleaseClick here for I.T Dept. NotificationClick here for step by step guide

One of our esteemed viewers, Mr Joshi R has sent an excell calculation sheet as per Kerala Pay report. One can view his new basic pay by putting old basic and length of service.Click here to download the program.Any suggestions and queries may be forwarded directly to him as per mail id provided in the program.We convey our sincere gratitude to Mr Joshi.Download the Pay Commission Report 2015

Monday, July 13, 2015

Ramachandran Nair handed over the report to Chief Minister Oommen Chandy. The report recommends a hike ranging between Rs 2,000 to Rs. 12,000. It has been recommended that the revision be implemented with effect from July 1, 2014.

Friday, July 10, 2015

Update : The 10th pay commission headed by Justice C.N Ramachandran Nair will submit its report to the government on Monday.

Though it was said that the report would be submitted on Friday, it was deferred after Finance Minister K.M Mani leaving for Kochi following the death of Additional Advocate General P.C Iype.

The pay commission has reportedly recommended a pay hike ranging from Rs 2,000 to Rs 7,500. The revised pay package will be implemented with retrospective effect from July, 2014. The commission also proposes a 10-15 percent hike in pension while various allowances are increased from 10-50 percent.

With the dearness allowance of 80 percent is merged with the basic pay, it is expected that the employees would get a reasonable hike in salary.

Earlier News :

Along with raising the pay package and other benefits of state government employees on par with the Central government staff, the Kerala Pay Revision Commission has recommended pay revision once in 10 years. The report tabled on Assembly on 4th July and to be handed over to C.M. officially today.

Kerala’s lower division clerks will receive Rs 21,000 as basic pay and upper division clerks will get Rs 26,500 as basic pay, if the state government approves the recommendations of the 10th Kerala Pay Revision Commission report.

The commission, chaired by Justice C.N. Ramachandran Nair, also recommends Rs 30,700 as basic pay for high school teachers and Rs 28,000 as basic pay for secretariat assistants.

Thursday, July 9, 2015

Defence Minister Manohar Parrikar today said there will be “good news” soon on the issue of One Rank One Pension, a long-standing demand of ex-servicemen who have been holding protests across the nation.“It’s an inter-departmental issue. As far as the Defence Ministry is concerned, our work is almost over. This is taking time but I can say that there will be a good news soon,” he said.

No mention of arrear D.A or formation of Pay Committee.The West Bengal Government today(08/07) announced a hiked quantum of ad-hoc bonus and festival advance for the state government employees, besides ex-gratia to the state government pensioners ahead of the Eid and Durga Puja festivals.

Announcing this at the state secretariat Nabanna, state Finance minister Amit Mitra said the decision would cost about Rs 400 crore to the state exchequer, while nearly ten lakh state government employees and four lakh pensioners would be benefited.

Tuesday, July 7, 2015

DOPT has come out with a series of frequently asked questions and answers there on. The most important thing is about the last date by which each employees have to file their information regarding assets and liabilities. This is summarized here under.The first return (as on 1 at August, 2014) under the
Lokpal Act should be filed on or before the l5th
October, 2015; The next annual return under the Lokpal and
Lokayuktas Act, 2013 for the year ending 3Ist
March, 2015 should be filed on or before the l5th
October, 2015; and The annual return for subsequent years as on 31'
March every year should be filed on or before 31"
July of that year.Click here for the full set of FAQs.

Sunday, July 5, 2015

Increasing the retirement age for Kerala government employees by two years to 58 may be one of the recommendations of the 10th Kerala Pay Revision Commission. The commission, led by Justice C.N. Ramachandran Nair, will submit its report on July 10.

The commission is expected to recommend the increase of retirement age to balance the extra burden on the treasury due to a pay rise across the board. The report recommends a minimum salary of Rs 16,000 and a maximum salary of Rs 1 lakh for employees.

Friday, July 3, 2015

The Seventh Pay Commission may present its report to the government by August so that salary hike can be implemented from January 2016

The Seventh Pay Commission may recommend a 2-3 times hike in government salaries from 2006 levels, a move which may spread cheers among civil servants but increase the stress on the fisc.

Sources told Bloomberg TV India that Seventh Central Pay Commission (CPC) was considering mega give-away to the government employees. When the government implements the CPC mandate hopefully from January 2016, salary scale may double or treble from what it was in 2006, an official said.

On an annual basis, the hike may be close to 30 per cent as consecutive hikes in dearness allowances has already raised the salary levels of government staff.

Sources said there is likely to be a four-fold hike in the grade pay. In the lowest salary band, the grade pay is likely to go up from Rs 1,800 per month to Rs 7,300. In the higher bracket, it may go up from the current Rs 12,000 to Rs 50,000.

Thursday, July 2, 2015

A parliamentary panel has pitched for 100 percent hike in salary and daily allowances of MPs and 75 percent raise in pension of ex-MPs apart from facilities for their "companions" in place of "spouses".

In far-reaching recommendations, the panel, headed BJP MP Yogi Adityanath, has sought doubling of the existing Rs 50,000 salary of MPs and favoured increasing the pension of former parliamentarians from Rs 20,000 to Rs 35 thousand.

The panel has also recommended that the daily allowance of MPs of Rs 2,000 for attending the House during Parliament sessions should be doubled to Rs 4000.

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